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Category Archives: Bitcoin

OTC Cash Trades: LocalBitcoins Out, Local.Bitcoin In

Jun 6, 2019

Olusegun Ogundeji

Bitcoin Cash (BCH) has become the latest to join the over the counter (OTC) fold as popular platform, LocalBitcoins, stopped cash-based Bitcoin (BTC) transactions after nine years. The Roger Ver-led BCH this week launched local.bitcoin - which is reported to have been in the work...

Watchtowers Are Coming to Lightning

Jun 4, 2019

Bitcoin Magazine

This is how Lightning Labs CTO Olaoluwa Osuntokun (aka, roasbeef) has heralded the coming of Watchtowers to the Lightning Network. Though comparing the technical feature to the demonic gaze of Tolkien’s primary antagonist sounds disconcerting, the analogy holds up on the surface: Watc...

Op Ed: How Fiat Could Fall and Bitcoin Could Soar

Jun 3, 2019

Bitcoin Magazine

Argentina’s Failed Peg In the 1990s, the Argentine peso was pegged to the U.S. dollar. This meant that the Argentine government guaranteed that anyone could exchange one Argentine peso for one U.S. dollar. If you had 1,000 Argentine pesos in your bank account, you could walk into t...